Denver FHA Loans

DENVER-AURORA-LAKEWOOD, CO

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Denver's 250 lenders originated 16,540 FHA loans during 2021. The total origination value was $6,115,990,000, with an average FHA loan value of $369,770.

Denver FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Denver averaged 6.15% for the week of 2022-09-23, compared to the national average (all FHA variants) of 6.08% for the same period.

The average rate for the prior week (2022-09-16) was 5.85% and one month ago for the week of 2022-08-19, the average rate was 5.16%.

The average rate one year ago was 3.11%.

For refis of the same type during the week of 2022-09-23, the average rate was 5.86%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Denver FHA Loan Lenders by Rates & Fees

The below table looks at the average fees and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Denver level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
AMERICAN FINANCING CORPORATION 1,366 2.80% $10,371
UNITED WHOLESALE MORTGAGE, LLC 760 2.65% $10,720
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 750 3.27% $13,507
QUICKEN LOANS, LLC 628 2.59% $9,477
GUILD MORTGAGE COMPANY 500 3.05% $12,746
LAKEVIEW LOAN SERVICING, LLC 426 2.80% $7,368
PRIMARY RESIDENTIAL MORTGAGE, INC. 392 3.12% $13,198
UNIVERSAL LENDING CORPORATION 373 3.12% $12,732
FREEDOM MORTGAGE CORPORATION 372 2.69% $7,450
CALIBER HOME LOANS, INC. 348 2.74% $9,581
Mr. Cooper ( Nationstar Mortgage ) 312 3.01% $6,785
BROKER SOLUTIONS, INC. 309 3.13% $12,104
CROSSCOUNTRY MORTGAGE, LLC 302 3.13% $12,745
LOANDEPOT.COM, LLC 269 2.96% $12,204
HOME POINT FINANCIAL CORPORATION 232 2.65% $10,793
PENNYMAC LOAN SERVICES, LLC 232 2.84% $8,218
Paramount Residential Mortgage Group, Inc. 213 3.11% $11,829
S1L, Inc. 195 3.22% $13,833
Northpointe Bank 187 3.09% $13,270
Amerifirst Financial, Inc. 187 3.07% $11,689
CHERRY CREEK MORTGAGE, LLC 169 3.11% $6,779
NEWREZ LLC 143 2.83% $7,244
NEST HOME LENDING, LLC 142 3.10% $12,530
PLANET HOME LENDING, LLC 136 2.85% $10,242
HOMEAMERICAN MORTGAGE CORPORATION 134 2.80% $9,791
CELEBRITY HOME LOANS, LLC 133 3.01% $12,127
Lakeview Community Capital, LLC 125 2.80% $7,239
Carrington Mortgage Services, LLC 112 3.25% $11,962
CITYWIDE HOME LOANS, LLC 106 3.20% $14,217
EAGLE HOME MORTGAGE, LLC 102 2.97% $14,234
DHI MORTGAGE COMPANY, LTD. 102 3.04% $14,383
Nations Lending Corporation 86 3.15% $13,813
MEGASTAR FINANCIAL CORP. 86 2.94% $11,185
KBHS HOME LOANS, LLC 85 3.12% $14,228
NOVA FINANCIAL & INVESTMENT CORPORATION 84 2.99% $8,608
MOVEMENT MORTGAGE, LLC 83 3.09% $10,527
Hometown Lenders, Inc. 78 3.03% $13,016
HOME MORTGAGE ALLIANCE, LLC 74 3.08% $12,715
INSPIRE HOME LOANS INC. 72 3.06% $11,396
Loan Simple, Inc. 68 3.15% $13,134
M2 Lending Solutions, LLC 67 2.93% $11,967
HOMEBRIDGE FINANCIAL SERVICES, INC. 66 2.78% $9,333
Colten Mortgage, LLC 64 2.95% $10,777
South Pacific Financial Corporation 63 2.78% $12,299
VILLAGE CAPITAL MORTGAGE 63 2.76% $4,254
FINANCE OF AMERICA MORTGAGE LLC 62 2.96% $11,137
V.I.P. MORTGAGE, INC. 61 2.98% $12,248
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 61 2.90% $11,114
Network Funding, L.P. 56 3.19% $14,799
THRIVE MORTGAGE, LLC 56 3.07% $13,639
American Mortgage & Equity Consultants, Inc. 55 3.02% $11,307
Bank of England 49 3.10% $13,311
CMG MORTGAGE, INC. 47 2.90% $10,631
Commerce Home Mortgage, Inc. 45 3.03% $12,689
PRIMELENDING, A PLAINSCAPITAL COMPANY 45 3.34% $13,594
AMERISAVE MORTGAGE CORPORATION 44 2.89% $11,459
SUN WEST MORTGAGE COMPANY, INC. 42 2.90% $10,452
PLAZA HOME MORTGAGE, INC. 38 2.70% $10,782
BOKF 37 3.05% $11,575
EVERETT FINANCIAL, INC. 37 3.25% $8,847
Plains Commerce Bank 37 2.79% $11,364
First Guaranty Mortgage Corporation 37 2.74% $8,492
AmeriHome Mortgage Company, LLC 37 2.76% $7,062
GUARANTEED RATE, INC. 35 2.82% $10,980
AMERICAN PACIFIC MORTGAGE CORPORATION 34 3.08% $11,507
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 34 3.27% $12,364
NBH Bank 32 3.02% $10,730
SOUTHWEST FUNDING, LP 31 3.25% $15,051
InterContinental Capital Group, Inc 31 2.54% $9,434
ALL WESTERN MORTGAGE, INC. 30 3.43% $14,033
DRAPER AND KRAMER MORTGAGE CORP. 30 3.09% $11,464
U.S. Bank 29 3.08% $10,526
ACADEMY MORTGAGE CORPORATION 29 3.19% $11,468
Elevations Credit Union 28 2.89% $11,403
SWBC MORTGAGE CORPORATION 27 3.27% $9,944
Financial Funding Solutions, Inc. 27 3.09% $12,003
SECURITYNATIONAL MORTGAGE COMPANY 27 2.97% $11,799
CORNERSTONE HOME LENDING, INC. 26 3.16% $12,463
BAY EQUITY LLC 26 3.01% $11,548
Summit Mortgage Corporation 25 3.27% $14,351
Gateway First Bank 24 3.38% $10,830
Ent Credit Union 24 2.63% $9,315
Franklin Loan Corporation 23 3.23% $12,607
Sunflower Bank 23 3.12% $11,875
IDEAL HOME LOANS LLC 23 2.70% $11,250
MOUNTAIN WEST FINANCIAL, INC. 23 3.07% $12,142
RESIDENTIAL BANCORP. 22 3.14% $14,978
LOANPAL, LLC 22 2.74% $12,787
AMERICAN FINANCIAL NETWORK, INC. 22 3.00% $15,343
First Western Trust Bank 22 2.69% $9,943
AMCAP MORTGAGE, LTD. 21 3.39% $15,530
PANORAMA MORTGAGE GROUP, LLC 20 3.40% $13,761
GUARANTEED RATE AFFINITY, LLC 20 2.76% $10,668
MUTUAL OF OMAHA MORTGAGE, INC. 19 3.09% $10,564
SUMMIT FUNDING, INC. 19 3.30% $14,893
Hometown Equity Mortgage, LLC 18 3.80% $13,173
The Federal Savings Bank 18 2.71% $13,156
Equity Prime Mortgage LLC 18 3.47% $9,410
NATIONS DIRECT MORTGAGE, LLC 18 2.79% $9,938
THE MORTGAGE COMPANY 17 3.02% $12,066
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 17 3.01% $11,283
The Home Loan Expert LLC 16 2.94% $10,939
JLB CORPORATION 16 2.73% $10,154
Flagstar Bank, FSB 15 2.75% $10,494
MORTGAGE SOLUTIONS OF COLORADO, LLC 14 3.12% $15,243
LEADERONE FINANCIAL CORPORATION 14 3.04% $10,685
MID AMERICA MORTGAGE, INC. 14 3.01% $5,356
UNION HOME MORTGAGE CORP. 14 2.38% $12,256
GENEVA FINANCIAL, LLC 12 2.68% $12,477
Assurance Financial Group, L.L.C. 12 2.96% $10,598
ARC HOME LLC 12 2.92% $10,506
TOP FLITE FINANCIAL, INC. 11 3.47% $22,358
LAND HOME FINANCIAL SERVICES, INC. 11 3.27% $13,516
Bank of the West 11 3.41% $8,524
HOMESIDE FINANCIAL, LLC 10 2.83% $13,127
NFM, INC. 10 3.24% $12,242
Bank of Colorado 9 3.04% $11,437
STEARNS LENDING, LLC 9 2.68% $11,840
DIRECTORS MORTGAGE, INC. 8 3.22% $11,690
VAN DYK MORTGAGE CORPORATION 8 3.25% $11,062
SOVEREIGN LENDING GROUP INCORPORATED 8 2.59% $10,433
HOMESPIRE MORTGAGE CORPORATION 8 3.09% $12,912
Century Mortgage Company DBA Century Lending Company 7 3.00% $9,453
KELLER MORTGAGE, LLC 7 2.45% $11,982
OCEANSIDE MORTGAGE COMPANY 7 2.75% $5,218
ZILLOW HOME LOANS, LLC 7 2.77% $11,969
KeyBank 6 3.10% $11,119
CHURCHILL MORTGAGE CORPORATION 6 3.21% $12,839
FIRST CONTINENTAL MORTGAGE, LTD. 6 3.04% $7,271
LENDING 3, INC. 6 2.96% $10,369
Prosperity Home Mortgage, LLC 6 3.27% $11,170
Sierra Pacific Mortgage Company, Inc. 6 2.75% $10,424
TOWNE MORTGAGE COMPANY 6 3.10% $11,003
Independent Bank 5 3.10% $11,048
T2 FINANCIAL LLC 5 3.28% $11,649
MICHIGAN MUTUAL, INC. 5 2.83% $11,313
J. VIRGIL, INC. 5 2.75% $14,359
OCMBC, INC. 5 3.75% $15,587
LOANLEADERS OF AMERICA, INC. 5 3.00% $12,904
HOME FUNDING CORPORATION 5 3.30% $14,919
ENVOY MORTGAGE, LTD 5 2.98% $10,046
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 2.69% $10,181
Low VA Rates, LLC 4 2.84% $6,606
FIRST CENTENNIAL MORTGAGE CORPORATION 4 2.91% $10,977
The Central Trust Bank 4 2.91% $11,948
LENDUS, LLC 4 2.91% $7,192
CLEARPATH LENDING 4 3.19% $7,035
NETWORK CAPITAL FUNDING CORPORATION 4 3.13% $9,774
Shea Mortgage Inc. 4 2.97% $10,823
JPMorgan Chase Bank 4 3.06% $6,345
MORIA DEVELOPMENT, INC. 4 3.09% $11,630
ON Q FINANCIAL, INC. 4 3.47% $12,771
RELIANCE FIRST CAPITAL, LLC 3 3.00% $11,653
MANN FINANCIAL INC. 3 3.50% $12,356
Florida Capital Bank 3 2.58% $10,092
CONTOUR MORTGAGE CORPORATION 3 3.29% $9,957
Strong Home Mortgage, LLC 3 2.92% $6,758
NEXERA HOLDING LLC 3 3.21% $14,389
Citizens Bank 3 2.79% $7,268
Chickasaw Community Bank 3 2.54% $9,109
NP, Inc. 3 3.00% $9,973
First Home Bank 3 3.08% $10,515
Zions Bancorporation, N.A. 3 3.00% $8,895
TruHome Solutions, LLC 3 2.92% $9,504
BECKAM FUNDING CORP. 3 3.42% $10,784
UNITED MORTGAGE CORP. 3 2.67% $11,916
UNITED SECURITY FINANCIAL CORP 3 2.46% $6,965
OPEN MORTGAGE, LLC 3 3.04% $8,810
AMERICAN FINANCIAL RESOURCES, INC. 3 2.92% $10,213
LADERA LENDING, INC. 3 3.25% $8,975
PILGRIM MORTGAGE LLC 3 3.29% $15,923
Home Mortgage Alliance Corp 3 3.00% $11,409
ENDEAVOR CAPITAL, LLC. 3 3.25% $8,411
GROUP MORTGAGE, LLC 3 3.13% $10,337
Residential Mortgage Solutions, Inc. 3 2.46% $10,396
WESTERN EXPRESS LENDING 2 2.25% $10,244
ROUNDPOINT MORTGAGE SERVICING CORPORATION 2 3.56% $8,921
MORTGAGE MANAGEMENT CONSULTANTS, INC. 2 2.69% $5,942
WESTERRA CREDIT UNION 2 2.69% $9,421
TJC Mortgage, Inc. 2 3.00% $10,188
PHH Mortgage Corporation 2 3.13% $5,997
Mortgage Research Center, LLC 2 3.18% $10,313
CENTENNIAL LENDING, LLC 2 3.00% $12,370
HUNT MORTGAGE CORPORATION 2 2.75% $9,949
Farmers & Stockmens Bank 2 2.38% $7,170
CANOPY MORTGAGE, LLC 2 2.25% $11,228
NATIONS RELIABLE LENDING, LLC 2 3.31% $10,796
INTERCAP LENDING INC. 2 3.06% $9,619
Prime Choice Funding Inc. 2 2.50% $9,842
The Huntington National Bank 2 2.63% $11,291
GUARANTY HOME MORTGAGE CORPORATION 2 3.13% $10,269
Colonial Savings, F.A. 2 3.13% $7,824
EMBRACE HOME LOANS, INC. 2 3.12% $14,063
RANLIFE, INC. 2 2.69% $12,090
ABSOLUTE HOME MORTGAGE CORPORATION 2 2.63% $8,411
JET HOMELOANS, LLC 2 2.75% $13,771
Manufacturers and Traders Trust Company 2 2.88% $9,022
Victorian Finance, LLC 2 3.50% $13,101
VERITAS FUNDING, LLC 2 3.31% $9,574
PARKSIDE LENDING, LLC 2 2.88% $9,813
Midwest Mortgage Associates Corporation 2 3.19% $15,255
Waterstone Mortgage Corporation 2 3.44% $10,973
Barrington Bank & Trust Company, N.A. 2 3.39% $10,493
DAS Acquisition Company, LLC 1 2.55% $11,191
Magnolia Bank 1 2.63% $11,060
MidFirst Bank 1 2.75% $0
HOMESTAR FINANCIAL CORPORATION 1 4.25% $20,068
GREAT WESTERN FINANCIAL SERVICES, INC. 1 2.50% $7,934
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 3.38% $11,355
Glacier Bank 1 3.25% $9,620
Neighborhood Loans, Inc. 1 3.00% $9,878
GEO-CORP, INC. 1 2.75% $8,105
FLAT BRANCH MORTGAGE, INC. 1 2.63% $10,347
First Option Mortgage, LLC 1 3.13% $16,521
First National Bank of Omaha 1 3.38% $10,009
First Midwest Bank 1 3.50% $9,395
FIRST COLONY MORTGAGE CORPORATION 1 3.25% $10,948
PARTNERS UNITED FINANCIAL, LLC 1 2.99% $9,280
FirstBank 1 3.00% $10,952
Peoples Bank 1 3.13% $15,219
PIKE CREEK MORTGAGE SERVICES, INC. 1 4.13% $4,105
FBC MORTGAGE, LLC 1 2.75% $6,129
PLUS RELOCATION MORTGAGE, LLC 1 2.75% $12,460
EMM LOANS LLC 1 2.50% $10,835
Wyndham Capital Mortgage, Inc. 1 2.63% $6,576
PULTE MORTGAGE LLC 1 3.25% $11,320
DIRECT MORTGAGE, CORP. 1 2.75% $12,654
RUOFF MORTGAGE COMPANY, INC. 1 3.25% $5,681
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.75% $13,125
Sandy Spring Bank 1 3.25% $10,443
DELMAR FINANCIAL COMPANY 1 2.38% $5,676
DATA MORTGAGE, INC. 1 3.75% $7,673
LIBERTY HOME MORTGAGE CORPORATION 1 4.00% $21,354
COUNTRYPLACE MORTGAGE, LTD. 1 3.25% $12,794
Stifel Bank and Trust 1 2.50% $7,573
SUCCESS MORTGAGE PARTNERS, INC. 1 3.13% $18,842
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 2.25% $15,407
CERTAINTY HOME LOANS, LLC 1 3.13% $12,785
THOMPSON KANE & COMPANY, LLC 1 2.75% $10,259
BLUELEAF LENDING, LLC 1 2.50% $9,546
BELEM SERVICING LLC 1 3.25% $8,890
Truist 1 2.50% $8,816
Bank of America 1 3.38% $7,192
VANDERBILT MORTGAGE AND FINANCE, INC. 1 2.38% $7,985
AMERICAN ADVISORS GROUP 1 2.75% $9,531
AHL FUNDING 1 2.75% $17,173
VISION ONE MORTGAGE, INC. 1 2.38% $6,300
Watermark Capital, Inc. 1 2.38% $6,974
Wells Fargo Bank 1 3.13% $8,698
1ST FINANCIAL, INC. 1 3.25% $8,523

The top Denver FHA lender as defined by loan originations is AMERICAN FINANCING CORPORATION, with 1,366 FHA loans originated. Their average total fees are $10,371, which is $349 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Denver FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($4,254), MID AMERICA MORTGAGE, INC. ($5,356), CHERRY CREEK MORTGAGE, LLC ($6,779), Mr. Cooper ( Nationstar Mortgage ) ($6,785) and AmeriHome Mortgage Company, LLC ($7,062).

The lowest rate Denver FHA lenders (with over 10 loans originated) are UNION HOME MORTGAGE CORP. (2.38%), InterContinental Capital Group, Inc (2.54%), QUICKEN LOANS, LLC (2.59%), Ent Credit Union (2.63%) and HOME POINT FINANCIAL CORPORATION (2.65%).

Denver FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
DENVER-AURORA-LAKEWOOD, CO ADAMS 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO ARAPAHOE 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO BROOMFIELD 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO CLEAR CREEK 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO DENVER 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO DOUGLAS 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO ELBERT 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO GILPIN 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO JEFFERSON 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO PARK 2022 $684,250 $875,950 $1,058,850 $1,315,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Denver (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $546,570 (3.3%) $744,822 (2.8%) 2.01 4,110
2018-02-01 $549,450 (2.4%) $753,738 (1.9%) 1.98 4,264
2018-03-01 $547,495 (-0.3%) $758,267 (1.8%) 1.89 4,628
2018-04-01 $549,300 (1.9%) $759,255 (4.6%) 1.84 5,087
2018-05-01 $535,750 (1.2%) $742,102 (3.8%) 1.79 5,670
2018-06-01 $525,000 (0.0%) $721,096 (2.6%) 1.75 6,741
2018-07-01 $502,498 (-2.4%) $694,290 (0.3%) 1.68 7,467
2018-08-01 $495,600 (-0.9%) $676,140 (-0.5%) 1.66 7,798
2018-09-01 $492,400 (-1.5%) $667,257 (-1.7%) 1.65 8,273
2018-10-01 $480,000 (-4.0%) $648,474 (-5.0%) 1.61 8,464
2018-11-01 $475,000 (-7.4%) $639,865 (-8.9%) 1.59 8,137
2018-12-01 $479,999 (-10.8%) $650,498 (-11.4%) 1.64 6,560
2019-01-01 $491,950 (-10.0%) $661,317 (-11.2%) 1.70 5,753
2019-02-01 $499,500 (-9.1%) $675,430 (-10.4%) 1.67 5,766
2019-03-01 $516,143 (-5.7%) $689,065 (-9.1%) 1.68 6,186
2019-04-01 $524,500 (-4.5%) $696,137 (-8.3%) 1.65 6,733
2019-05-01 $518,938 (-3.1%) $679,586 (-8.4%) 1.60 7,770
2019-06-01 $518,000 (-1.3%) $670,909 (-7.0%) 1.59 8,716
2019-07-01 $500,000 (-0.5%) $660,323 (-4.9%) 1.55 9,246
2019-08-01 $499,951 (0.9%) $658,699 (-2.6%) 1.57 9,013
2019-09-01 $499,450 (1.4%) $657,690 (-1.4%) 1.59 8,814
2019-10-01 $495,000 (3.1%) $656,004 (1.2%) 1.58 8,782
2019-11-01 $497,500 (4.7%) $669,672 (4.7%) 1.61 7,489
2019-12-01 $497,950 (3.7%) $680,171 (4.6%) 1.66 6,379
2020-01-01 $532,249 (8.2%) $748,446 (13.2%) 1.77 4,048
2020-02-01 $561,300 (12.4%) $791,748 (17.2%) 1.81 3,655
2020-03-01 $564,950 (9.5%) $796,461 (15.6%) 1.77 4,337
2020-04-01 $547,000 (4.3%) $736,906 (5.9%) 1.70 5,103
2020-05-01 $549,000 (5.8%) $734,735 (8.1%) 1.66 6,055
2020-06-01 $547,000 (5.6%) $734,420 (9.5%) 1.60 6,670
2020-07-01 $545,050 (9.0%) $745,805 (13.0%) 1.56 6,169
2020-08-01 $539,900 (8.0%) $755,974 (14.8%) 1.54 5,804
2020-09-01 $522,450 (4.6%) $760,354 (15.6%) 1.49 5,451
2020-10-01 $519,900 (5.0%) $762,124 (16.2%) 1.49 4,879
2020-11-01 $522,500 (5.0%) $792,109 (18.3%) 1.50 3,972
2020-12-01 $536,292 (7.7%) $819,898 (20.5%) 1.57 2,927
2021-01-01 $529,000 (-0.6%) $833,923 (11.4%) 1.56 2,293
2021-02-01 $549,900 (-2.0%) $859,898 (8.6%) 1.58 2,100
2021-03-01 $557,500 (-1.3%) $876,447 (10.0%) 1.56 2,200
2021-04-01 $575,000 (5.1%) $909,671 (23.4%) 1.55 2,177
2021-05-01 $599,000 (9.1%) $917,319 (24.9%) 1.58 2,257
2021-06-01 $599,995 (9.7%) $896,291 (22.0%) 1.56 3,036
2021-07-01 $600,000 (10.1%) $873,356 (17.1%) 1.56 3,630
2021-08-01 $600,000 (11.1%) $856,645 (13.3%) 1.58 3,805
2021-09-01 $600,000 (14.8%) $855,096 (12.5%) 1.58 3,783
2021-10-01 $620,000 (19.3%) $862,422 (13.2%) 1.63 3,506
2021-11-01 $622,135 (19.1%) $879,008 (11.0%) 1.64 2,714
2021-12-01 $629,950 (17.5%) $909,868 (11.0%) 1.68 1,864
2022-01-01 $639,900 (21.0%) $1,006,692 (20.7%) 1.71 1,384
2022-02-01 $649,500 (18.1%) $990,150 (15.2%) 1.66 1,468
2022-03-01 $662,500 (18.8%) $977,545 (11.5%) 1.64 1,787
2022-04-01 $675,000 (17.4%) $965,798 (6.2%) 1.59 2,293
2022-05-01 $695,000 (16.0%) $955,792 (4.2%) 1.56 3,377
2022-06-01 $680,000 (13.3%) $890,590 (-0.6%) 1.51 4,807
2022-07-01 $650,000 (8.3%) $844,576 (-3.3%) 1.45 6,186
2022-08-01 $637,000 (6.2%) $825,452 (-3.6%) 1.46 6,529
Denver's median listing price for 2022-08-01 was $637,000, a difference of $37,000 (6.2%) versus the prior year and $-13,000 versus the prior month.

Denver's median listing price comes in at 146% of the national average.

Denver's average listing price for 2022-08-01 was $825,452, a difference of $-31,193 (-3.6%) versus the prior year and $-19,124 versus the prior month.

For the 2022-08-01 period, Denver had 6,529 MLS listings, a difference of 343 listings (6%) versus the prior month and 2,724 listings (72%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Denver (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 55 days 2,963 sqft
2018-02-01 33 days 3,007 sqft
2018-03-01 25 days 2,976 sqft
2018-04-01 24 days 2,977 sqft
2018-05-01 23 days 2,922 sqft
2018-06-01 25 days 2,856 sqft
2018-07-01 30 days 2,756 sqft
2018-08-01 35 days 2,674 sqft
2018-09-01 37 days 2,640 sqft
2018-10-01 38 days 2,532 sqft
2018-11-01 44 days 2,508 sqft
2018-12-01 57 days 2,520 sqft
2019-01-01 60 days 2,526 sqft
2019-02-01 33 days 2,549 sqft
2019-03-01 35 days 2,604 sqft
2019-04-01 30 days 2,645 sqft
2019-05-01 29 days 2,614 sqft
2019-06-01 33 days 2,601 sqft
2019-07-01 36 days 2,542 sqft
2019-08-01 43 days 2,497 sqft
2019-09-01 43 days 2,442 sqft
2019-10-01 43 days 2,437 sqft
2019-11-01 50 days 2,420 sqft
2019-12-01 60 days 2,335 sqft
2020-01-01 63 days 2,594 sqft
2020-02-01 37 days 2,909 sqft
2020-03-01 24 days 2,824 sqft
2020-04-01 33 days 2,703 sqft
2020-05-01 40 days 2,740 sqft
2020-06-01 36 days 2,541 sqft
2020-07-01 36 days 2,450 sqft
2020-08-01 35 days 2,296 sqft
2020-09-01 35 days 2,163 sqft
2020-10-01 35 days 2,043 sqft
2020-11-01 43 days 1,951 sqft
2020-12-01 54 days 1,920 sqft
2021-01-01 49 days 1,878 sqft
2021-02-01 22 days 1,973 sqft
2021-03-01 15 days 2,056 sqft
2021-04-01 13 days 2,188 sqft
2021-05-01 12 days 2,234 sqft
2021-06-01 11 days 2,263 sqft
2021-07-01 17 days 2,281 sqft
2021-08-01 22 days 2,231 sqft
2021-09-01 23 days 2,218 sqft
2021-10-01 28 days 2,248 sqft
2021-11-01 33 days 2,232 sqft
2021-12-01 46 days 2,197 sqft
2022-01-01 35 days 2,192 sqft
2022-02-01 9 days 2,213 sqft
2022-03-01 9 days 2,293 sqft
2022-04-01 8 days 2,306 sqft
2022-05-01 10 days 2,487 sqft
2022-06-01 15 days 2,455 sqft
2022-07-01 24 days 2,396 sqft
2022-08-01 30 days 2,333 sqft
Denver's median listing age (time on market) for 2022-08-01 was 30 days. This is 40% longer than the same period one year ago.

Denver's median square footage for active listings during the 2022-08-01 period was 2,333 sqft. One year prior, the average listing was 2,231 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).